Quote:The half-acre property has been purchased by Momentum Developments, who are working in partnership with Zehr Group.

"This is a continuation of a series of buildings that we've been a part of over the last 5 years. 100 Victoria is a partnership we started with Zehr Group about a year ago and this is the next phase. We're moving a little more into the core," said Brian Prudham, principal with Momentum Developments.

The deal is set to close in the fall of 2017. During that time the developers will work on the planning approvals and site cleanup, which could mean shovels hit the dirt in about 18 months.